INFINITE FINANCIAL SOLUTIONS LIMITED

Name Search Engine for Anti-Money-Laundering (iAML)

While sustaining rapid business growth, it is always the strategic goal for Authorized Institution (AI) to work proactively to assure compliance and operational excellence, particularly, in the areas relating to Anti-Money-Laundering and Counter Terrorism Financing (AML/CTF).

IFS developed the name search engine - iAML which can easily be integrated with AI's banking systems (e.g. Customer Information System, Remittance System, etc.) to filter customer name from the PEP, terrorist lists loaded from data provider, such as World-Check as well as some internally maintained watch-lists entries.

iAML search engine is capable of:

Supporting Chinese character (both Traditional & Simplified Chinese)
Addressing the regulatory requirements in blacklist filtering operations
Assuring accuracy and completeness as well as operational efficiency in the filtering mechanism (i.e. securing zero omission while maintaining a minimal false-positive rate)
Supporting rule-based filtering operation models to fit both on-line transactional processing and batch-mode bulk scanning needs
Providing flexible and complete reporting for hit alerts
Being flexible and compatible with other packaged AML/CTF solutions
Providing self-tailored threshold to limit the number of hits returned to strike a balance of the resources committed for AML / CTF
Providing delta-list screening to ensure good status to existing customers